The Lagos State Government engaged investors and development partners at the 30th Conference of the Parties (COP30) to the United Nations Framework Convention on Climate Change.
Through the Office of Climate Change and Circular Economy, the state promoted eco-friendly transportation and clean cooking solutions during the two-week conference held in São Paulo, Brazil, which concluded on Friday, November 21.
COP30, which has brought together global leaders annually for three decades, focuses on developing strategies to address climate change.
During the conference, Lagos highlighted key initiatives—including the 80 Million Clean Cookstoves Project and LAMATA’s e-Mobility Programme—demonstrating how subnational governments can attract international capital to drive inclusive, low-carbon development.
Titi Oshodi, Special Adviser to Governor Babajide Sanwo-Olu on Climate Change and Circular Economy, stated, “Lagos attended COP30 to show what effective subnational leadership looks like. Our presence strengthened global partnerships, increased investor confidence, and positioned Lagos as a model for translating climate vision into practical, people-focused projects.”
She added, “African cities can deliver scalable, investable climate solutions that transform lives. Lagos is proving that ambition backed by action is achievable.”
At the Lagos Private Roundtable, themed “Financing Urban Climate Solutions for a Just and Inclusive Transition,” development finance institutions, philanthropic organizations, and private investors discussed co-financing strategies, risk mitigation tools, and innovative financing structures to expand Lagos’ green investments.
Key outcomes included commitments to advance financing for clean cooking projects, interest in collaborating on e-mobility pilot corridors, and exploratory talks on issuing green bonds under the Lagos Climate Finance Framework.
At the Africa Innovation Forum, Oshodi, LAMATA Managing Director Abimbola Akinajo, and Oando Clean Energy CEO Demola Ogunbanjo discussed subnational financing for State-Determined Contributions and the increasing influence of African cities. Diep Nguyen-van Houtte, Senior Manager at the International Finance Corporation, also participated in the panel.
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